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Are headline unemployment statistics lies?

Are headline unemployment statistics lies?

By George Miller   Take a good look at the chart at the right. Are the official unemployment statistics accurate?  Yes and no. Depends on what you are measuring. The headline unemployment number you see in MainStream Media, currently 4.9%,  is from the BLS (Bureau of Labor Statistics). But it’s based upon the percentage of […]

Record 95 Million Americans Not in Labor Force: Participation rate lowest in 38 years

Record 95 Million Americans Not in Labor Force: Participation rate lowest in 38 years

News report courtesy of CNSNews.com A record 94, malady 610,000 Americans were not in the American labor force last month — an increase of 579,000 from August — and the labor force participation rate reached its lowest point in 38 years, with 62.4 percent of the U.S. population either holding a job or actively seeking […]